Alipay to reach all major Canadian cities in pact with Motion Pay
Ant Financial’s Alipay is working with the Canadian payments processor Motion Pay Technology to push Ant's geographic reach in North America.
The collaboration enables the Chinese mobile wallet to be accepted in all major Canadian cities, according to a Monday press release.
Developed last year to enable Canadian businesses to accept payments from Chinese tourists, students and workers living abroad, Ottawa-based Motion Pay has built out Alipay acceptance in Toronto, Vancouver, Montreal, Ottawa, Banff and several other metropolitan areas in retail categories including mainstream and luxury retail, restaurants and hospitality, the press release said.
“As our first Canadian partner, Motion Pay has helped us to reach critical mass in acceptance points across Canada,” said Souheil Badran, Alipay’s president, Americas, in the release.
Chinese consumers are a rapidly increasing market segment for Canadian merchants shopping in stores and online, added Eric Paquet, Motion Pay’s president.
Motion Pay also enables merchants to accept payments from China’s WeChat mobile wallet owned by Tencent Holdings.